Bitcoin Forum

Today has seen Cardano go up 133%. I went in earlier today for a small amount. Has anyone else jumped in or are there fears of a pump and dump ?

I did not find any news for the sharp rise of the cardano, for this one can safely say that it is a pamp or an insider. Be careful!

Likewise I have found no real news to justify such a jump, generally I am always weary of a coin that has gone over 100% in one day as it is normally a pump and dump, I would certainly not be looking to buy this one right now and I wouldn't advise anyone else to, a correction will certainly come and you will get burned buying close to the top.

Last few days were pretty crazy for Cardano. ADA price (https://coincodex.com/crypto/cardano/) more than doubled in the past 24 hours.

https://i.gyazo.com/45324899e1a3c5ef902b976369cc20cf.png (https://coincodex.com/crypto/cardano/)

Saw on Reddit that it's a pump and dump by CryptoHoopla, who knows.

That's right, Cordano on the rise now. We can see the statistic of Cordano which post by Bytem3. The statistic show that Cordano will increase for many time  ;)

Can't sell your ADA on Bittrex at the moment, says wallet is out for "Automated Maintenance".   :-\

For all consideration, this is crypto and sometimes fundamental analysis hardly applies, based on 3 month price, ADA has been low for 2 months. It got stable at about 500-600 sats on it's first release, then it started to plummeted down to 200-300+ sats and it stays there for 2 months. So it just kinda reasonable for the charts to increase considering as well the substance they're producing which is commendable.

This looks really crazy, I've never heard of this coin before now it's in the top 10 on coinmarketcap ! Damn that's a lot !

Is it a new project? Did they have an ICO ?

I think you're just not looking hard enough. Their sale was way back 2015 and mostly in Japan and other nearby countries, no US i think because of regulatory concerns. ADA was launched on bittrex 3 months ago, people should have seen this as this was a public info.

Really nice to see, i bought at 0,025$ some weeks ago... hope we will see higher highs in the next weeks  ;)

A pump of over one billion doesn't sound logical to me, it's way too much money to be thrown into a pump. A pump is when a low capitalized coin is being pumped and not a billion dollar coin. The effort it takes to do that is something which justifies in itself that it's not a pump. What confuses me though is why anyone would invest in it. I mean yes, it does look great and it does emphasize the "great" team that is behind the project, all these people related to science etc. but what is it any different than other smart contracts platforms out there. I don't see the real reason why you should invest in it and therefore it's hard for me to justify how Cardano went from being no one to trading currently at a market capitlization of about three billion.

For starters, kindly read: https://whycardano.com/

Oh my goodness. I looked up ADA today and was seeing it went up to $0.15. Guess I have missed that train huh? Really should have bought when it hit Bittrex, but I just wasnt too sure. Learned my lesson from this. Any reason for this huge increase? Any big investors or instituational investing announced?

I really like Cardano what I have researched. IMHO next year ADA will skyrocket up if their promises holds up!

if a pump of 1 billion doesnt sound logical to you, go watch XRP and ETHEREUM pumps in history
it will become logical...
ADA is a 2 year project that is going to be huge
why wouldn't some rich people buy it all before it goes mainstream or something

I noticed the rise but I kept out fearing a pump and dump. Now I regret not buying in, but the higher it goes the quicker it can fall, so be careful to protect your investments. I am not going in for now, but I will follow the coin more closely to see if it merits a place in the top 10..

Exactly what I am thinking and feeling. Regret not getting in when it was at 0.02 USD, but also scared now because it can come down big time. Can anyone tell me what the max supply for ADA is?

Its not a pump they got eth/ada pairing on Bittrex before you could only use btc to purchase.  The spike is justified IMO.

I have been wanting to buy this coin since day 1 after seeing it on coin market cap but unfortunately I couldn't buy as I have been broke. I still want to buy but after this pump, I'm just gonna chill and wait for it to dump and then buy.

do you really think that adding eth/ada pairing is so important? lol
you need better reasons for 2 billion marketcap

you know charles keep working everyday, maybe the big purchase is because some people relized that it will be important coin and in a year they can make a good profit if they own a big amount of ADA..

It has made the highest jump in its history. I know many guys here were discussing Cardano thinking it will go up. But it increased many times! Look at this page with a graph!
https://coinmarketcap.com/currencies/cardano/

While it is a neat coin...

It is kind of weird that the pump started right about when I started seeing a bit of 'shilling' on multiple social media outlets.  

The weird thing is that the hype and pump are not correlated with anything other than an exchange listing which is pretty common amongst big players.  We see a jump but not this type of jump.

So yeah, probably a pump.  

Neat coin though.

Is Cardano rise due to BTC hike?

I think ADA is way too high now for additional buying. People were overexcited  when Cardano passed 1B and was talking about pump, now it's over 2.4B and earlier today was over 3B. My fear is exactly of pump and dump.

There is very few holders because the initial stakes was only sales to big whales.. They are holding and now with a little marjet budget they can sell very high to accumulate bitcoin.

Not to mention that bitcoin cash was very effectively manipulated and pumped in the last weeks and that's got a way way larger market cap. It's certainly not beyond the realms of possibility. I think Cardano gets a lot of support based on location, Japan is so favourable of cryptocurrencies that it's one of the safest investments as there's little to no chance of Japan doing a China and pulling the plug like they did with NEO.

I bought some yesterday ( a small amount ) and sold today when i came home from work. Although I made a nominal gain I hope i did the right thing. I will buy back in later if the price drops but it seems so volatile at the moment its hard to call.

ADA among many others being dumped atm.

Looks like Cardano (https://coincodex.com/crypto/cardano/) hit the bottom. It has strong resistance at $0.09.

https://i.gyazo.com/2a03d5517cb79f600eea9bd5e5f553eb.png (https://coincodex.com/crypto/cardano/)

The Cardano rise explanation is simple : it was undervalued and nobody saw it. There is no reason this coin is not worth as much as NEO. If you think about it for a bit you will see that I'm right.

Now, here is the extremely good news I have for you :

You are currently alive and present in the time where Cardano can be purchased for a mere 10 cents. DO IT. DO IT IN DECEMBER-MARCH. DO NOT WAIT A YEAR. This is THE coin that is going to change everything. Trust me on this.

How do I know this? A few reasons :

1) I hold a degree in engineering and a masters in physics.

2) I am fully employed as a Microsoft .net developer with 10 years experience.

3) I have reviewed their code on github.

4) I have read all their papers.

5) My cat (who gets visions of the future and communicates them to me)

This project is unlike ANYTHING I have seen. Unlike A-N-Y-T-H-I-N-G by light years. There is no way that this doesn't change the space in profound ways. Cardano is what is going to bring everything together and will actually benefit all the other tokens because of its scalability, security, and interoperability.

You have been warned.

Any analysis based on fundamentals from other source than your cat?

This one does look interesting.  Supposedly a BlockChain project by scientists, programmers, and mathematicians from universities around the world, trying to build something similar to Ethereum, but with more features.  I’m not onboard yet, but keeping an eye on it.

to the moon and now back down

The price of this coin is controlled by some group, as they leave the price start go down with no support level.

watched it. Pump is simply incredible) who closed on time, well done.

All altcoins are in struggle right now after Bitcoin drop to 9.5K. But I like it, it gave me a change do buy some cheap coins. I bought ADA, Ripple, NEM, WAVES and NEO yesterday at very good prices.

Looks nice now, not really dumped... correction like the most other coins. i think there is a lot of potenzial for higher highs ;)

I think it's simple pump and dump, but at high revs it will keep it a little longer than usual